One of the primary concerns most business owners have when it comes to using a virtual data room is ensuring their sensitive documents are secure.
The digital revolution has made life easier for businesses in many ways; yet it has also put them at risk. The more that companies use the Internet for everything from shopping for business supplies to storing secure documents, the more opportunities there are for information that should remain private to make it into the public domain.
That is why companies that offer services like secure virtual data rooms implement robust security features that help prevent anyone who is unauthorized from accessing that information.
Data In Danger
Sensitive data can sometimes be hacked while it is in transit. So while it might seem like common sense not to publish a credit card number or bank password publically, if steps weren’t taken to prevent hackers from accessing that information during an online sales transaction that information might be revealed.
Encryption is a way to secure digital information during its transfer from its source to a destination server. Essentially, the data is scrambled using a code to encrypt it and then later to decrypt it so as to prevent unauthorized parties from accessing it.
The Current Advanced Encryption Standards
The current Advanced Encryption Standard was developed by the US Government in 2001 by the National Institute of Standards and Technology. It was chosen from 15 competing designs, and then put into place via a 5-year standardization process.
This Advanced Encryption Standard, or AES, has since been adopted worldwide as the computer security standard. It is used at a wide variety of institutions, including but not limited to:
— The National Security Agency (NSA)
— Banks that offer online banking
— Secure Data Rooms (including SecureDocs)
What Is 256-Bit Encryption?
The code, or “key,” used to encrypt data ranges in length, or “bits.” So 128-bit encryption uses a cipher that is 128 bits long; 256-bit encryption utilizes a cipher that’s 256 bits long.
These two types of encryption are the most prevalent online to vouch for the security of private electronic data; in fact, the US National Security Agency judges 256-bit encryption to be so safe that that’s what they use for top secret level documents.
And most business owners would likely agree: If 256-bit encryption is good enough for the NSA’s top-secret data, it’s good enough for their company.